LONDON (Alliance News) - Sunrise Resources PLC on Tuesday said it has identified a significant bedrock copper-gold mineralisation in trenching at the Garfield project in Nevada.
Sunrise said two trenches excavated on the site showed copper grades of up to 2.18% and gold shows of up to 1.2 grams per tonne.
"This is a very encouraging start to exploration at Garfield. We have a permit to undertake further trenching and this will be scheduled to fit in with other work programmes in Nevada this summer," said Sunrise Executive Chairman Patrick Cheetham.
Sunrise shares were up 12% to 0.207 pence on the news Tuesday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Sunrise Res (SRES)